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Stock Market & Financial Investment News

News Breaks
April 19, 2013
06:47 EDTETFCE-Trade upgraded to Neutral from Cautious at ISI Group
News For ETFC From The Last 14 Days
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August 14, 2015
08:08 EDTETFCE-Trade reports July DARTs down 3% from a year ago
E*TRADE Financial Corporation released its Monthly Activity Report for July. Daily Average Revenue Trades for July were 149,283, a 7% increase from June and a 3% decrease from the year-ago period. The company added 29,623 gross new brokerage accounts in July, and ended the month with approximately 3.2 million brokerage accounts. Excluding closed accounts from the shutdown of the company's global trading platform, net new brokerage accounts were 2,727. Net new brokerage assets were $0.2B in the month. During the month, customer security holdings increased by 0.2%, or $0.5B, and brokerage-related cash decreased by $0.8B to $41.2B. Bank-related cash and deposits ended the month unchanged at $5.5B. Customers were net buyers of approximately $1.1B in securities during the month.

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